Music sites sing new tune
The Net music space shows its potential for ups and downs with Amazon's music store launch and K-Tel's stock on the skids.
While online music retailing is hot these days, it remains fraught with risk. The past week has seen Amazon.com attempting to leverage its success in books into CDs, as K-Tel--a relatively new player on the Net--looks to recapture its brief but dramatic entry into e-commerce.
Amazon opens Net music store Net bookselling giant Amazon.com launches its online music store, long anticipated by Net consumers and much feared by industry rivals.
Amazon stock hears the music
Will K-Tel's stock fizzle? |